Earnings Preview : Q3 2024 Is Shaping Up To Be An Important Quarter For Forge Global Holdings ($FRGE)

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Forge Global Holdings (NYSE: FRGE) is set to announce its financial results for the third quarter of 2024 on Wednesday 6th November 2024. This highly anticipated announcement is scheduled to take place after market close. Investors will have the opportunity to learn more about the company's performance during the quarter.

Wall Street financial experts forecast that the organization is set to announce an expected $0.09 loss per share for the quarter. Moreover, the company is anticipated to disclose a total revenue of $22.38 million for this particular period.

In the same three months of the year before, the company made loss of $0.11 per share, as shown in their financial report. This number came from the total revenue of $18.56 million that the company earned in that particular quarter.

The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $88.9 million. Additionally, they are expecting the company to achieve a per share loss of $0.34 for the fiscal year 2024.

 

FRGE has scheduled a conference call on 6th November 2024 at 04:30 PM eastern time to discuss the third quarter financial results and other related information.

The previous trading day saw Forge Global Holdings (FRGE) shares trading between $1.13 and $1.17, besides a volume of 498.70 thousand shares. The stock closed Friday's regular trading session at $1.13, reflecting 2.59 percent downfall.